Lexington provides real estate policyholders with exceptional protection against a broad array of risks.
Real estate operations face a daunting array of unique, large-scale exposures, from flood, earthquake, and wind, to terrorism and professional liability risks. Lexington is a market leader with more than 50 years of experience and commitment to the Real Estate industry in delivering extensive expertise, substantial capacity, and flexible underwriting to the most complex real estate risks.
As part of the AIG Real Estate Industry Practice Group, Lexington can provide the breadth of coverages required by real estate entities, including professional liability and commercial umbrella liability as well as coverage against losses arising from property damage from a chemical or biological terrorist attack. Desired classes of business include:
Lexington’s policies are supported by an extensive claims network and in-house claims expertise that provides prompt and responsive claims service. Specialized risk management resources include AIG RiskTool Advantage® - AIG's complimentary loss control and risk management solution that provides insureds with an easy-to-use customizable platform to identify, analyze, and manage their operational exposures.
Lexington insureds also benefit from our deep industry experience and innovative products. For example, Lexington’s Low Income Housing Tax Credit (LIHTC) Insurance Program focuses on important areas of vulnerability for owners, developers, and investors in low income housing and provides them with the ability to address both first party and professional liability exposures arising from changes in tax credit eligibility.
A market leader in management and professional liability exposures, Lexington responds to the needs of public, private, and non-profit insureds with an extensive portfolio of Financial Lines coverages. Lexington provides diversified and highly customized insurance solutions to a wide range of risks for customers in the following classes of business: ..
AIG Programs is a leading underwriter of program business in the U.S. Programs addressing myriad niche markets are written on both admitted and non-admitted bases and are supported by program administrators with market leading infrastructure and underwriting expertise. AIG’s track record in program development and management is evidenced by individual program relationships dating back nearly 50 years, and our underwriting teams average 30 years of experience. ..
For 40 years, Lexington has helped healthcare organizations protect their bottom line by providing wide-ranging healthcare coverages, cutting-edge patient safety services, and dedicated claims expertise. ..
Given the breadth of underwriting expertise that may be required to address unique coverage requirements, we have the experience and can exercise flexibility in capacity deployment. We can provide up to $50 million in critical CAT capacity and up to $1.5 billion in non-catastrophic commercial limits. This capacity is available for a broad array of commercial occupancies including commercial real estate, manufacturing, municipalities, retail, and healthcare risks. ..
Lexington's products are available through surplus lines brokers. For more information on our Real Estate products and services, interested brokers can click here.
To learn more about the risk management solutions available from the AIG Real Estate Industry Practice Group, interested brokers can click here.